higher tagged posts

Should I sell my car to get a higher home loan?

My husband is the only one working now, we are trying to take advantage of the first time home buyer tax credit, but we only qualify for $165,000 USDA, the broker is recommending us to sell our car (2006 Duran go, family car) to get approved for $240,000. If we do that we will loose about $5000 that we paid up front for the car. I should be getting a job soon, I hope. Should we just rent for another year?

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